Building on BaldwinIncorporated as a private foundation in Virginia in 2006, New College Foundation was established to support the New College Institute and all of its activities and endeavors. The Foundation strives, through private fundraising, to provide the “margin of excellence” to enable NCI to continually grow and prosper, meeting the changing needs for higher education and economic growth for Martinsville, Henry County, and this region of the Commonwealth.

The New College Foundation Website is coming soon!



Board of Trustees


Kimble Reynolds, Jr. – Attorney


Jane (Marty) Gardner – Community Advocate


Suzanne H. Lacy – Philanthropist


Laura Bowles – Civic Leader


Irving M. Groves, Jr. – Retired Banker

Douglas I. Payne – Retired Furniture Executive

Robert H. Spilman, Jr. – President & CEO of Bassett Furniture Industries

T. Bahnson Stanley, III – Partner in private equity firm of Ellis, McQuary & Stanley, LLC

Marshall Stowe – Retired Banker

Margaret D. Turner – Development Officer of Smithsonian Institution 

William C. Wampler, Jr. – Ex Officio

Executive Director of New College Institute

Former Member, Senate of Virginia